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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (13167)10/14/2000 11:41:19 AM
From: Condo  Read Replies (2) of 18928
 
Tom -
Plumbing the depth of the swamp is a lot trickier than it looks, I see. That's ok, I like and use your suggestion to find the most severe price drop for the stock:
See what the price/share drop was during the August to October down-turn in 1998. This will let you gauge whether you have enough cash reserve to "buy to the bottom."
Message 13040609
Several prices have drifted lower still but I'm guessing the adjusted cash requirement will just work even better next time. Something that's helped slow the cash drain has been to trade no more than once per side (buy and/or sell) per week. To whoever suggested that: Thank you.

I think your excellent point about the importance of key employees like RFIC and photonics engineers (and also patents/IP) will probably lead me to forget about seeking a rock bottom value to tech stocks for now and instead adjust course as experience indicates.

Lastly, I enjoyed re-reading the JZGalt posts last night. Here are two of my favorites:
Message 12293803
Message 11495636

Tom, thanks for all the time and effort you put into this board.
- ej
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